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Cryptocurrency News Articles

RWA Tokenization Platform Ondo Finance Launches Its Own Level 1 Blockchain Targeting Financial Institutions

Feb 10, 2025 at 04:05 am

The wind is shifting in the crypto universe, and this time, it's Ondo Finance that is leading the dance. The company specialized in the tokenization of

RWA Tokenization Platform Ondo Finance Launches Its Own Level 1 Blockchain Targeting Financial Institutions

Cryptocurrency company Ondo Finance has announced the launch of Ondo Chain, a layer-1 blockchain designed to cater to financial institutions. The blockchain aims to combine the rigor of traditional finance with the flexibility of Web3.

With big-name institutions like Franklin Templeton and WisdomTree joining the initiative, Ondo Chain is set to revolutionize digital finance. Here's a closer look at the venture.

Ondo Finance, the issuer of the crypto token ONDO, is going all out with the launch of Ondo Chain. The platform will provide institutions with secure and open infrastructure.

Unlike public blockchains where anyone can validate transactions, only selected players will have this privilege on Ondo Chain. This move is designed to eliminate front-running and the machinations of bots, ensuring clean and optimized transactions for the institutional world.

The blockchain will also enable staking of tokenized assets. In other words, investors can secure the network while generating returns with their RWAs—a clever way to hit two birds with one stone.

Ondo Finance also promises a seamless connection with the world of traditional finance (TradFi), thanks to a network of validators from the largest financial institutions.

As Nathan Allman, CEO of Ondo Finance, puts it, “The financial markets need an update.”

With this new infrastructure, the company aims to bring traditional finance and DeFi closer together by allowing tokenized assets to circulate more freely while remaining compliant with regulatory requirements.

Real-world assets (RWAs) are no longer a niche interest in the crypto space. With Ondo Chain, the goal is clear: to integrate these assets into the global financial landscape.

For this purpose, the blockchain offers several solutions:

Put simply, Ondo Chain doesn't just want to be another blockchain in the crypto market; it wants to be the go-to infrastructure for real-world assets. This ambition could very well reshuffle the cards in the sector.

In addition to its blockchain, Ondo Finance also announced the launch of Ondo Global Markets, a platform that will allow investors to access over 1,000 stocks and ETFs listed on the NYSE and Nasdaq—in tokenized form.

This initiative marks a first in the field of RWAs and could potentially reconcile Wall Street and crypto.

The venture is set to redefine how financial securities are traded. Where stablecoins have simplified dollar management in the crypto universe, Ondo Global Markets aims to do the same for stocks and bonds. A revolution that promises to attract both crypto investors and traditional financial players.

According to DefiLlama, Ondo Finance has already secured over $653 million in total value locked on its platform. This figure, far from being trivial, shows that investors believe in this vision of a world where traditional finance and blockchain merge into one.

The rise of RWAs in the crypto ecosystem is just beginning, and Ondo Finance is establishing itself as a key player. With the crypto token ONDO among the top performers, the entire sector has seen a historic jump of 94%, giving a serious boost to the tokenization of traditional assets.

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